What does the cryptic crossword clue "Meagre term king deployed for a developing nation's economy (8,6)" mean?

This cryptic clue uses wordplay to arrive at the answer. Visit the page for progressive hints — definition, wordplay type, and a full step-by-step explanation.

Meagre term king deployed for a developing nation's economy (8,6)

Daily Mail Cryptic #17198 | 8 Down | 2023-10-03 flower

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